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Upbit parent Dunamu faces sanction process nearly eight months after $30 million hack: report
The severity of any sanctions remains unclear because South Korea's current crypto law contains no direct sanction provisions for hacking or IT failures.
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cryptobriefing.com
South Korean regulator initiates sanctions process against Dunamu, operator of largest crypto exchange Upbit
South Korea's FSS has initiated sanctions against Dunamu, operator of Upbit, after a $32 million hack, testing the limits of the Virtual Asset User
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cointelegraph.com
South Korean Regulator Begins Sanctions Process Against Dunamu: Report
South Korea’s financial regulator has begun sanctions proceedings against Upbit operator Dunamu over a $36 million hack, though current law lacks explicit penalties for such…
